Section 20112 Of Article 2. Proration From California Probate Code >> Division 10. >> Chapter 1. >> Article 2.
20112
. (a) In making a proration of the federal estate tax,
allowances shall be made for credits allowed for state or foreign
death taxes in determining the federal tax payable and for exemptions
and deductions allowed for the purpose of determining the taxable
estate.
(b) In making a proration of the California estate tax, allowances
shall be made for (1) credits (other than the credit for state death
taxes paid) allowed by the federal estate tax law and attributable
to property located in this state, and (2) exemptions and deductions
allowed by the federal estate tax law for the purpose of determining
the taxable estate attributable to property located in this state.
(c) In making a proration of an estate tax, interest on extension
of taxes and interest and penalties on any deficiency shall be
charged to equitably reflect the benefits and burdens of the
extension or deficiency and of any tax deductions associated with the
interest and penalties.